a. The following table contains figures on the monthly volume and unit costs for a random sample
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a. The following table contains figures on the monthly volume and unit costs for a random sample of 16 items from a list of 2,000 inventory items at a health care facility. Develop an A B C classification for these items:
b. Given the monthly usages in the following table, classify the items in A, B, and C categories according to dollar usage:
c. Determine the percentage of items in each category and the annual dollar value for each category for part b.
Transcribed Image Text:
Usage Unit Cost Usage Unit Cost Item Item 200 600 150 25 80 200 300 800 $10 25 36 16 20 60 550 90 110 120 40 500 30 K34 K35 F99 10 12 15 40 30 16 10 D45 D48 D52 D57 NO8 PO5 P09 K36 M10 M20 Z45 F14 F95 20 80 20 30
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Evaluating manufacturing processes by designing and conducting research programs; applying knowledge of product design, fabrication, assembly, tooling, and materials; conferring with equipment vendors; soliciting observations from operators. Developing manufacturing processes by studying product requirements; researching, designing, modifying, and testing manufacturing methods and equipment; conferring with equipment vendors. Keeping equipment operational by coordinating maintenance and repair services; following manufacturer's instructions and established procedures; requesting special service.
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